Sound Connections
This is the intricate world of music entrepreneurship.
Hosted by Jakob Wredstrøm from Amplitude Ventures, this podcast offers listeners a unique blend of insightful interviews, industry expertise, and behind-the-scenes stories from the global music landscape.
From the challenges of breaking into the industry to the nuances of music tech innovations, each episode is a journey into the lives of music professionals, founders, artists, and innovators. Whether you're an aspiring entrepreneur, an industry veteran, or just a music enthusiast, "Sound Connections" provides a fresh perspective on the ever-evolving world of music.
Listen and connect with the sounds and stories that shape the industry.
Sound Connections
#120: FOUNDER: What’s Really Going On With Lyrics and DSPs || Darryl Ballantyne
LyricFind CEO, Darryl Ballantyne, discusses the company's $1 billion antitrust lawsuit against Musixmatch and its parent company, TPG Growth.
The lawsuit alleges that Musixmatch's exclusive licensing deal with Warner Chappell Music has created a monopoly in the lyrics licensing market, forcing digital service providers like Spotify and iHeartRadio to source lyrics solely from Musixmatch, often at higher costs.
In this episode, Darryl emphasizes the broader implications of such monopolistic practices on independent artists, publishers, and the overall health of the music industry.
Explore LyricFind here; https://www.lyricfind.com/
Learn more about the lawsuit here; https://www.linkedin.com/posts/lyricfind-inc-_why-weve-sued-musixmatch-and-the-private-activity-7303121877567184896-UYpS?utm_source=share&utm_medium=member_ios&rcm=ACoAAC7GsG4B3q6TQjXTo4t2PQ2fbFO7PbDPCtA
__________________________________________________________________________
Sponsored by Allfeat: Decentralized Blockchain Solutions for the Music Industry - https://www.allfeat.com/
Produced by Amplitude Ventures Consulting: Partners in Early-Stage Music Tech - https://amplitude.ventures